Tariff Value of Brass Scrap Falls by $59/MTs; Crude Palm Oil and Palmolein $18/MTs; RBD Palm Oil $8/MTs; Other Palm Oil $37/MTs; Crude Soya Bean Oil $37/MTs

Gold and Silver Down by $3

[Customs Notification No. 65 (Non Tariff) dated 30th June 2015]

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-

In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be substituted namely:-

“Table-1

Sl. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value US $ (Per Metric Tonne)

(1)

(2)

(3)

(4)

1

1511 10 00

Crude Palm Oil

662

2

1511 90 10

RBD Palm Oil

682

3

1511 90 90

Others – Palm Oil

672

4

1511 10 00

Crude Palmolein

683

5

1511 90 20

RBD Palmolein

686

6

1511 90 90

Others – Palmolein

685

7

1507 10 00

Crude Soya bean Oil

763

8

7404 00 22

Brass Scrap (all grades)

3533

9

1207 91 00

Poppy seeds

2602

 

Table-2

Sl. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value (US $)

(1)

(2)

(3)

(4)

1

71 or 98

Gold, in any form, in respect of which the benefit of entries at serial number 321 and 323 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed

382 per 10 grams

2

71 or 98

Silver, in any form, in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed

516 per kilogram

 

Table-3

Sl. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value (US $ Per Metric Tons )

(1)

(2)

(3)

(4)

1

080280

Areca nuts

2268”

[F. No. 467/01/2015 -Cus-V]